Friday, 7 July 2017

EPIC RESEARCH MCX SILVER UPDATE OF 07 JULY 2017

Silver trading range for the day is 37181-37733.Silver prices traded in the range as investors digested the latest minutes from the Federal Reserve while awaiting fresh U.S. economic reports.U.S. private employers added 158,000 jobs in June, well below economists' expectations, a report by a payrolls processor ADP showed. Fed’s minutes failed to provide a clear outlook for further rate hikes investors are not convinced that the Fed will hold off on tightening its monetary policy.